via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the
“Company”), an electric vehicle (“EV”) manufacturer, announces
today its subsidiary, Bollinger Motors, and Amerit Fleet Solutions
(“Amerit”), a leading provider of customized fleet maintenance and
repair programs nationwide, have entered into an agreement for
Amerit to provide mobile service and maintenance to Bollinger’s
commercial fleet customers.
Under the terms of the agreement, the two companies will jointly
provide EV service and warranty support for the Bollinger B4 in key
states allowed by law, as well as future vehicles developed by
Bollinger Motors.
The Bollinger B4 Chassis Cab is an all-new, all-electric Class 4
commercial truck designed from the ground up with extensive fleet
and upfitter input. Bollinger’s unique chassis design protects the
158 kilowatt-hour battery pack and components to offer unparalleled
capability and safety in the commercial market. The company
anticipates deliveries of the Bollinger B4 to begin in the second
half of 2024.
Under this agreement, Amerit will provide maintenance, repair,
and warranty services to customer locations outside of the
designated service area of a Bollinger authorized dealer. Amerit’s
Mobile Service Centers are an important complement to Bollinger’s
service strategy, providing convenient and essential services on
location, minimizing downtime, and maximizing fleet efficiency.
“With Amerit, Bollinger can now offer the best nationwide
coverage for electrified fleets,” said Robert Bollinger, founder
and CEO of Bollinger Motors. “Our customers can have total
confidence in our trucks, knowing we have a complete sales, service
and warranty network across America.”
Amerit will provide strategic, nationwide service locations
aligned with Bollinger’s launch plan. Amerit service technicians
will complete an extensive safety training program as part of
Bollinger’s training curriculum for the B4 Chassis Cab and other
future vehicles.
“Bollinger is an innovative EV company serving the commercial
fleet market, and we look forward to supporting their customers by
offering service programs across the U.S.,” said Amerit’s CEO, Dan
Williams. “With over 2,500 trained and certified technicians across
the country, our customized approach to service programs, and our
expertise in providing EV maintenance solutions, we believe that
Amerit is ideally suited to rapidly scale services to Bollinger’s
B4 customers and vehicle programs in the future.”
Today’s announcement follows a series of Bollinger Motors
announcements in recent months, including partnerships with Our
Next Energy in Novi, Michigan, to supply the company with batteries
and related components, and Roush Industries in Livonia, Michigan,
to manage vehicle assembly operations.
Bollinger Motors recently qualified for federal clean vehicle
tax credits under the Inflation Reduction Act of $40,000 per
vehicle for the B4 chassis cab. Bollinger also grew its national
authorized dealer network by adding Nacarato Truck Centers and Nuss
Truck & Equipment to LaFontaine Auto Group.
About Mullen
Mullen Automotive (NASDAQ: MULN) is a Southern California-based
automotive company building the next generation of commercial
electric vehicles (“EVs”) with two United States-based vehicle
plants located in Tunica, Mississippi, (120,000 square feet) and
Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen
began commercial vehicle production in Tunica. In September 2023,
Mullen received IRS approval for federal EV tax credits on its
commercial vehicles with a Qualified Manufacturer designation that
offers eligible customers up to $7,500 per vehicle. As of January
2024, both the Mullen ONE, a Class 1 EV cargo van, and Mullen
THREE, a Class 3 EV cab chassis truck, are California Air Resource
Board (CARB) and EPA certified and available for sale in the
U.S.
To learn more about the Company,
visit www.MullenUSA.com.
About Bollinger Motors
Founded in 2015 by Robert Bollinger, Bollinger Motors, Inc. is a
U.S.-based company headquartered in Oak Park, Michigan. Bollinger
Motors is developing all-electric commercial chassis cab trucks,
Classes 4-6. In September of 2022, Bollinger Motors became a
majority owned company of Mullen Automotive, Inc. (NASDAQ:
MULN).
Learn more at www.BollingerMotors.com.
About Amerit Fleet Solutions
Amerit's trusted and respected team of fleet maintenance
professionals leverage a nationwide infrastructure paired with
electric and alternative fuel expertise, to provide custom-built
maintenance programs to fleets across the country. Amerit's team of
highly skilled technicians and managers provide maintenance and
repair programs for over 285,000 assets to improve clients' fleet
uptime, safety, and reliability. Amerit's comprehensive and
innovative service solutions, paired with a customized approach
driven by core values of partnership and integrity, deliver
peace-of-mind to customers while keeping their assets on the road,
anywhere across the country.
Learn more at www.AmeritFleetSolutions.com.
Forward-Looking Statement Certain statements in
this press release that are not historical facts are
forward-looking statements within the meaning of Section 27A of the
Securities Exchange Act of 1934, as amended. Any statements
contained in this press release that are not statements of
historical fact may be deemed forward-looking statements. Words
such as "continue," "will," "may," "could," "should," "expect,"
"expected," "plans," "intend," "anticipate," "believe," "estimate,"
"predict," "potential" and similar expressions are intended to
identify such forward-looking statements. All forward-looking
statements involve significant risks and uncertainties that could
cause actual results to differ materially from those expressed or
implied in the forward-looking statements, many of which are
generally outside the control of Mullen and are difficult to
predict. Examples of such risks and uncertainties include: (a)
Bollinger Motors’ continued partnership with Amerit Fleet Solutions
to operate a fleet service and warranty repair program; (b)
Bollinger’s ability to manufacture and deliver vehicles in the
second half of 2024; (c) Bollinger’s continued partnership with Our
Next Energy as its battery provider; (d) Bollinger’s continued
partnership with Roush Industries as its assembly manufacturer; (e)
Bollinger’s continued eligibility for tax credits under the
Inflation Reduction Act; and (f) Bollinger’s continued partnership
with Nacarato Truck Centers, Nuss Truck & Equipment, and
LaFontaine Auto Group as dealer partners.
Additional examples of such risks and uncertainties include but
are not limited to: (i) Mullen’s ability (or inability) to obtain
additional financing in sufficient amounts or on acceptable terms
when needed; (ii) Mullen and Bollinger Motors’ ability to maintain
existing, and secure additional, contracts with manufacturers,
parts and other service providers relating to its business; (iii)
Mullen and Bollinger Motors’ ability to successfully expand in
existing markets and enter new markets; (iv) Mullen and Bollinger
Motors’ ability to successfully manage and integrate any
acquisitions of businesses, solutions or technologies; (v) the
vehicles developed will perform as expected and (vi) local,
industry and general business and economic conditions. Additional
factors that could cause actual results to differ materially from
those expressed or implied in the forward-looking statements can be
found in the most recent annual report on Form 10-K, quarterly
reports on Form 10-Q, and current reports on Form 8-K filed by
Mullen Automotive, Inc., with the Securities and Exchange
Commission. Mullen anticipates that subsequent events and
developments may cause its plans, intentions, and expectations to
change. Mullen assumes no obligation, and it specifically disclaims
any intention or obligation, to update any forward-looking
statements, whether as a result of new information, future events,
or otherwise, except as expressly required by law. Forward-looking
statements speak only as of the date they are made and should not
be relied upon as representing Mullens plans and expectations as of
any subsequent date.
Media Contacts:Bollinger: Mike DeVilling,
(248) 875-4207, mdevilling@westshorepr.comAmerit Fleet
Solutions: Karen Vinton, (415) 755-3302,
Kvinton@ameritfleet.com
Mullen Corporate
Communications:InvestorBrandNetwork (IBN) Los Angeles,
California www.InvestorBrandNetwork.com 310.299.1717 Office
Editor@InvestorBrandNetwork.com
Mullen Automotive (NASDAQ:MULN)
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